OREANDA-NEWS. March 31, 2009. Industry, Tourism and Trade Ministry of Spain has preliminary approved the allocation of 300 000 EUR grant for the financing of Feasibility Study together with the Terms of Reference for the reconstruction of Sventoji port, reported the press-centre of Klaipeda port.
 
Following the Order of the Minister of Transport and Communications No 3-101 of 27 April 2008 which approved the implementation plan of the construction of Sventoji port, Port Authority executes reconstruction works of Sventoji state seaport. One of the compound parts is the preparation of Feasibility Study.
 
Port Authority prepared the Technical Task (Feasibility Study for the reconstruction of Sventoji port together of the Terms of Reference) and preliminary cost estimate of works according to which maximal sum for financing was approved. Industry, Tourism and Trade Ministry of Spain having analyzed the submitted material decided to allot 300 000 EUR grant for the preparation of the above study and Terms of Reference.
 
According to the requirements of Spanish Ministry, the works will be executed by a Spanish company. Presently 5 Spanish companies have submitted proposals. The representatives of Port Authority will select 1 company which (after the approval of Industry, Tourism and Trade Ministry of Spain) will make the above-mentioned Study with the Terms of Reference. 
 
The allocation of a grant will officially be approved when the Contract for the preparation of the Feasibility Study for the reconstruction of Sventoji port and Terms of Reference is signed.
 
Duration of works (from the date of signing the contract) – is 6 months.